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Bitcoin-Based DOG Token Climbs to 9th Largest Meme Coin, Sees 216% Rise in 30 Days
30.5.2024
A meme token named DOG•GO•TO•THE•MOON, created by Leonidas, the founder of Ord.io, has reached a new peak and is now the ninth-largest meme coin by market capitalization. At the time of writing, the token’s market value stood at $695 million. The Top 10 Meme Coins...
Bitcoin, Ethereum, and Dogecoin drop as fears of inflation rebound
30.5.2024
The US has done a lot to curb inflation. It was around 8% in 2022-2023 and has now been reduced to around 3.3% as of April 30, 2024. The target is rather aggressive, with the Federal Reserve looking to bring it under 2% by the end of 2024. However, the fear of inflation has started …
PayPal USD joins Solana for faster, cheaper transactions
30.5.2024
During the recent Consensus 2024 conference, PayPal Holdings, Inc. (NASDAQ: PYPL) released a significant update concerning its business. This month, the company announced the integration of PayPal USD (PYUSD), a stablecoin, with the Solana Blockchain. This is a major step forward for PayPal, as...
Telegram Wallet enforces new KYC rules, switches provider
30.5.2024
Before the KYC change, Telegram Wallet users did not have to provide any personal information to use the default version of the wallet
Iggy Azalea's anti-scam plan: Burn her own coins
30.5.2024
In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins, showing her commitment to building trust and integrity within the cryptocurrency community
Jack Dorsey-Backed Bitcoin Mining Pool Ocean Establishes Global Hub in El Salvador
30.5.2024
Ocean, a Bitcoin mining pool backed by Jack Dorsey, announced the launch of an international hub in El Salvador through a new entity. Ocean Mining S.A. de C.V., headquartered in San Salvador, will “continue the advancement of decentralization of Bitcoin mining across the globe,”...
Hidden Road Halts Client Access to Bybit Over KYC and AML Disagreements- Bloomberg
30.5.2024
Hidden Road, a prime brokerage backed by Citadel Securities, has suspended client access to the cryptocurrency trading platform Bybit due to disagreements over know-your-customer (KYC) and anti-money laundering (AML) requirements.
The post Hidden Road Halts Client Access to Bybit Over KYC and...
Nigerian Senate Committee: Regulated Crypto Trading a Boost for Local Currency
30.5.2024
The Nigerian Senate Committee on Capital Markets has called for the regulation of cryptocurrency and warned that the country’s unclear position could be costing the country. The committee also urged the government of Bola Tinubu to develop the capital and crypto markets to defend the local...
PayPal’s new stablecoin on Solana will offer ‘confidential transfers’
30.5.2024
Confidential transfers allow merchants to provide confidentiality for transaction amounts to their consumers while maintaining visibility for regulatory purposes
Web3 Gaming Platform Zkasino Kickstarts Process Enabling Users to Retrieve Ethereum Tokens
30.5.2024
The Zkasino team announced on May 28 that it had initiated a two-step bridge back process, allowing users to retrieve their ethereum tokens. Users have between May 28 and May 31 to bridge back their funds, after which the signup process will be closed, and deposits will be halted. Rug Pull...
Security-Focused Crypto ISAC Debuts With Founding Members Including Coinbase, Kraken, Circle
30.5.2024
The Crypto ISAC (Information Sharing and Analysis Center) launches on Wednesday as a 501(c)(6) not-for-profit association dedicated to bolstering security within the cryptocurrency ecosystem. Its founding members include Aleo, Circle, Coinbase, Consensys, Evertas, Fireblocks, Hedera, Kraken...
Texas Issues Emergency Cease and Desist Against Arkbit’s Crypto Operations
30.5.2024
The Texas State Securities Board has issued an Emergency Cease and Desist Order against Arkbit Capital and its affiliates, Arkbit Capital Holdings, ABC Holdings LLC, and ABC Mining. These companies were found operating a fraudulent MLM cryptocurrency investment scheme. Promising daily returns...
Hong Kong’s Grace Period for Crypto Exchanges Ending — Trading Platforms Must Obtain License by June 1
30.5.2024
The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license to operate in Hong Kong before the grace period ends on June 1. The regulator warned that operating without a license is a criminal offense and will enforce compliance....
Ark CEO Cathie Wood Talks Bitcoin With El Salvador’s President — Applauds His Vision for BTC Hub
30.5.2024
Cathie Wood, CEO of asset management firm Ark Invest, recently met with El Salvador’s President Nayib Bukele and discussed bitcoin. She praised his progressive approach to economic and educational reforms. “President Bukele’s determination to transform El Salvador into a...
TRUMP Coin Reaches All-Time High as Trump-Themed Cryptos See Major Gains
29.5.2024
The presidential meme coin fervor persists, with the token maga (TRUMP) hitting an all-time high of $15.45 on Wednesday. This surge elevated the value of Donald Trump’s TRUMP coins to $8.06 million on May 29. Additionally, various Trump-related crypto assets are emerging from the woodwork...
SEC Ordered to Pay $1.8M for Misconduct — Debt Box Hails ‘Monumental Victory’ for Crypto Industry
29.5.2024
A federal judge has ordered the U.S. Securities and Exchange Commission (SEC) to pay over $1.8 million in its case against the crypto firm Digital Licensing, also known as Debt Box. The penalty resulted from the SEC’s bad faith conduct in obtaining and defending an ex parte temporary...
Texas Regulator Orders Arkbit Crypto Mining To Shut Down
29.5.2024
A phoney Arkbit cryptocurrency cloud mining enterprise has suffered a significant setback at the hands of the Texas State Securities Board. A cease-and-desist order was issued by the SEC on May 28 against Arkbit Capital for allegedly using dishonest tactics to commit an investment fraud.
The post...
Rep. Emmer says crypto is nonpartisan, opponents are ‘fading’
29.5.2024
The House majority whip and crypto advocate thinks the FIT21 may pass in the current Congressional session
Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions
29.5.2024
Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal and Venmo wallets. Paypal Makes PYUSD Available...
Mastercard's crypto credentials P2P pilot program goes live
29.5.2024
The credit card company hopes to streamline transactions and limit user error through an alias credentialing system